Bango (LON:BGO – Get Free Report)‘s stock had its “buy” rating reaffirmed by analysts at Canaccord Genuity Group in a research report issued on Thursday,Digital Look reports. They presently have a GBX 181 price objective on the stock. Canaccord Genuity Group’s price target indicates a potential upside of 158.76% from the stock’s current price.
Bango Stock Performance
Shares of LON:BGO opened at GBX 69.95 on Thursday. The company’s 50 day moving average price is GBX 60.92 and its two-hundred day moving average price is GBX 71.18. Bango has a 12-month low of GBX 55 and a 12-month high of GBX 129. The firm has a market cap of £53.90 million, a PE ratio of -7.09 and a beta of 0.66. The company has a quick ratio of 2.37, a current ratio of 0.67 and a debt-to-equity ratio of 98.20.
Insider Activity at Bango
In related news, insider Matt Wilson purchased 3,052 shares of Bango stock in a transaction that occurred on Monday, May 18th. The shares were acquired at an average price of GBX 59 per share, with a total value of £1,800.68. Also, insider Paul Larbey purchased 3,053 shares of Bango stock in a transaction that occurred on Monday, May 18th. The shares were bought at an average cost of GBX 59 per share, for a total transaction of £1,801.27. Over the last quarter, insiders purchased 6,596 shares of company stock valued at $390,108. 12.07% of the stock is currently owned by corporate insiders.
Bango Company Profile
Bango enables content providers to reach more paying customers through global partnerships. Bango revolutionized the monetization of digital content and services, by opening-up online payments to mobile phone users worldwide. Today, the Digital Vending Machine® is driving the rapid growth of the subscriptions economy, powering choice and control for subscribers.
The world’s largest content providers, including Amazon (NASDAQ: AMZN), Google (NASDAQ: GOOG) and Microsoft (NASDAQ: MSFT) trust Bango technology to reach subscribers everywhere.
Bango, where people subscribe.
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